🐧 #pengu Signs of fatigue, is the upward trend about to change?

PENGU has retraced over 17% in the last 7 days and dropped another 6.5% in the past 24 hours, currently at $0.03572.

Although the monthly increase still reaches 133%, it has fallen nearly half from last year's peak.

📉 According to on-chain data, since July, there have been suspected internal addresses selling over $17 million PENGU to exchanges, which may be one of the main reasons for the current downward pressure.

After a short-term surge, pay attention to the direction of holdings & emotional turning points⚠️